Navi Finserv Limited
Secured
Public Issue
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Credit Rating
CRISIL A
Face Value
₹1,000
YTM
11.50%
Coupon Rate
11.02%
Taxability
Taxable
Issue Size
500.00Cr
Wint Wealth curatedWint Wealth's curation for Navi Finserv Limited
Comfortable Capitalisation
Navi has net-worth of more than ₹ 2200 Crore with Debt/equity of 2.75x as of Sep’23.
Comfortable Portfolio Quality
Navi's GNPA and NNPA are 2.65% and 0.29% respectively as of Sep’23.
Diversified Set of Lenders
Navi has more than 30 lenders, including banks – HDFC Bank, SBI, ICICI, Kotak Mahindra, etc.
Bond Key Highlights
Allotment Date
27 Jul 2023
Maturity Date
27 Jul 2026
Interest repayment frequency
Annually
Issuer ownership
Non PSU
Seniority in repayment
Senior
Other ratings
India RatingsA
How to know if a bond is right for you?
Evaluate a bond using the P3L2R framework designed by experts at Wint Wealth with these factors:
Promoters/Equity Investors
Presence of institutional investor
Portfolio Quality (GNPA)
Less than 5% GNPA
Profitability
Company should have reported profit for latest financial year
Leverage
Leverage should be less than 5x
Lenders
Diversified lender base
Rating
No downgrade in rating in last 12 months
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FAQs on Navi Finserv Limited
What is the coupon rate on the Navi Finserv Limited Bond?
The bond's coupon rate is 11.02%.
How frequently is the interest paid on Navi Finserv Limited Bond?
The interest earned from this Bond is paid Annually.
What is the credit rating of the Navi Finserv Limited Bond?
The bond has been assigned a credit rating of CRISIL A, India RatingsA which reflects the issuer's creditworthiness and the likelihood of default.
What is the ISIN number of the Navi Finserv Limited Bond?
The ISIN number for Navi Finserv Limited is INE342T07403.